Amber Electric
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Unique Offering
Unique Offering. No other electricity retailer offers what Amber does. Put simply you pay wholesale rates for power - which means your electricity price and solar feed-in tariff change every five minutes. And there can be wild price swings of over 100x intra day due to the dynamics of electricity markets which creates huge opportunities for savvy users. Positives: For solar and battery owners, wholesale prices offer a unique opportunity to generate revenue from your grid connection, leading to negative power bills. And Amber offers a price guarantee so you’ll never pay on average more than a specified rate. Negatives. Wholesale plans won’t work as well for non-battery owners. It helps if you understand what is going on. The automated trading algorithm (SmartShift) is a work in progress that will yield sub- optimal results in some circumstances (an easy problem if they hire the right person). Powerwall 3 support pending. Overall recommendation - welcome to the future.